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Why Global-E Stock Sank More Than 10% Today

·2 min read
Why Global-E Stock Sank More Than 10% Today
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The lofty gains that Global-E (NASDAQ: GLBE) had racked up last year are coming undone in grandiose fashion. Global-E is a fast-growing e-commerce software company, providing tools for merchants that want to sell internationally. As digital buying and selling picks up steam in emerging markets, Global-E's revenue has soared.